Articles from Palisades Group

Palisades Group (“Palisades”), a wholly-owned subsidiary of Chimera Investment Corporation (NYSE: CIM) and an alternative asset manager in the residential credit and real estate markets, today announced that on June 30, 2025, Solve Funding LLC had sponsored SOLVE 2025-HEC1, a $112.1 million securitization backed by home equity investment assets (HEI). This transaction marks a milestone in the evolution of the HEI sector as the securitization featured collateral aggregated from multiple originators. Solve Funding LLC is a wholly-owned indirect subsidiary of investment fund vehicles that are managed by Palisades Group. Palisades Group is the reporting manager and administrator for the securitization. The securitization is rated by Morningstar DBRS.